Groupon Raises, Like, A Billion Dollars

Groupon has closed what remained of that huge $950 million financing round which we first reported on in late December. They closed on roughly half of it then, from DST, Fidelity and Morgan Stanley. We then learned that Kleiner Perkins was also in the round. Now we have the rest of the details, and the company will issue a press release today on the round. True to their never be totally serious attitude, the press release will be titled Groupon Raises, Like, A Billion Dollars. A whole slew of new and existing investors are participating in the round, which values Groupon at a whopping $4.75 billion. Investors in this round include Andreessen Horowitz, Battery Ventures, Greylock Partners, Kleiner Perkins Caufield & Byers, Digital Sky Technologies, Maverick Capital, Silver Lake Partners, and Technology Crossover Ventures. As we previously reported, Allen & Company LLC acted as financial advisor.

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